Computer Aided Engineering (CAE) Market Size to Grow by 5.65 billion, FEA to be Largest Revenue-generating Product Segment - Technavio

NEW YORK, Nov. 16, 2022 /PRNewswire/ -- The "Computer Aided Engineering (CAE) Market by Product (FEA and CFD), End-user (Automotive, Aerospace and Defense, Electrical and Electronics, and Others), and Geography (Europe, North America, APAC, South America, and Middle East and Africa) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the computer aided engineering (CAE) market size between 2021 and 2026 is USD 5.65 bn. To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE PDF Sample Report.

Market Segmentation

The FEA segment will be a significant contributor to market growth during the forecast period. High R&D investments will be the major factor contributing to the growth of the global FEA market during the forecast period. FEA software helps reduce warranty and product return costs. It also helps minimize warranty and product return costs. R& D investments are used to purchase new technologies, hardware, software, and services for the development of new and innovative products. Companies across the key regions invest heavily in R&D to develop new and innovative equipment and to comply with the standards set by the regulatory bodies or governments of different countries. During the forecast period, the market will be driven by the availability of cloud-based FEA solutions, which are cost-effective for the end-users. The adoption of cloud-based FEA solutions will increase among end-users in the key regions during the forecast period because of their benefits, such as flexibility and scalability.

Get lifetime access to our Technavio Insights! Subscribe to our Basic Plan billed annually at USD 5000

APAC will be the leading region with 41% of the market's growth during the forecast period. The US is the key country for the computer aided engineering (CAE) market in APAC.

View our FREE PDF sample report for additional insights into the contribution of all the segments and regional opportunities in the report.

Some Companies Mentioned with their Offerings

• Altair Engineering Inc. - The company offers computer aided engineering that is able to transform data from very large files into formats that allow further specialized analysis and visualization.
• ANSYS Inc. - The company offers computer aided engineering that includes 3D designs, acoustic simulation, and safety analysis
• Dassault Systemes SE - The company offers computer aided engineering that provides businesses with virtual universes to imagine sustainable innovations.
• ESI Group SA - The company offers computer aided engineering that provides virtual replication of product development, testing, and manufacturing with simulations.
• Hexagon AB - The company offers computer aided engineering that enable analysts to simulate product and process performance in finite element analysis, computational fluid dynamics and multi body dynamics, as well as providing cost estimation and design optimization tools.
• Autodesk Inc.
• Bentley Systems Inc.
• Cambashi Ltd.
• Ceetron AS
• COMSOL AB
• NUMECA International
• PTC Inc.
• Siemens AG
• Simerics Inc.
• Symscape

This report provides a full list of key vendors, their strategies, and latest developments. Buy Now for detailed information about vendors

Key Market Dynamics

The growth of the smartphone industry and increasing requirements for large-scale project management are some of the key market drivers. However, factors such as lack of awareness among end-users about developments in CFD will challenge market growth.

Want your report customized? Speak to an analyst and personalize your report according to your needs

Related Reports

Computer Servers Market by End-user and Geography - Forecast and Analysis 2022-2026: The computer servers market share is expected to increase by USD 45.12 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.21%. This report extensively covers segmentation by end-user (large enterprises and small and medium enterprises) and geography (North America, Europe, APAC, South America, and Middle East and Africa).

Gaming Computer Market by Product and Geography - Forecast and Analysis 2022-2026: The gaming computer market share is expected to increase to USD 50.02 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 15.66%. This report extensively covers segmentation by product (desktop and laptop) and geography (North America, Europe, APAC, Middle East and Africa, and South America).

Browse Information Technology Market Reports

Key Topics Covered

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 18: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

• 5.1 Market segments 
• Exhibit 25: Chart on Product - Market share 2021-2026 (%)
• Exhibit 26: Data Table on Product - Market share 2021-2026 (%)

• 5.2 Comparison by Product 
• Exhibit 27: Chart on Comparison by Product
• Exhibit 28: Data Table on Comparison by Product

• 5.3 FEA - Market size and forecast 2021-2026 
• Exhibit 29: Chart on FEA - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Data Table on FEA - Market size and forecast 2021-2026 ($ million)
• Exhibit 31: Chart on FEA - Year-over-year growth 2021-2026 (%)
• Exhibit 32: Data Table on FEA - Year-over-year growth 2021-2026 (%)

• 5.4 CFD - Market size and forecast 2021-2026
• Exhibit 33: Chart on CFD - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Data Table on CFD - Market size and forecast 2021-2026 ($ million)
• Exhibit 35: Chart on CFD - Year-over-year growth 2021-2026 (%)
• Exhibit 36: Data Table on CFD - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Product 
• Exhibit 37: Market opportunity by Product ($ million)

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 38: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 39: Data Table on End-user - Market share 2021-2026 (%)

• 6.2 Comparison by End-user 
• Exhibit 40: Chart on Comparison by End-user
• Exhibit 41: Data Table on Comparison by End-user

• 6.3 Automotive - Market size and forecast 2021-2026
• Exhibit 42: Chart on Automotive - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on Automotive - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on Automotive - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on Automotive - Year-over-year growth 2021-2026 (%)

• 6.4 Aerospace and defense - Market size and forecast 2021-2026 
• Exhibit 46: Chart on Aerospace and defense - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Aerospace and defense - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Aerospace and defense - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Aerospace and defense - Year-over-year growth 2021-2026 (%)

• 6.5 Electrical and electronics - Market size and forecast 2021-2026 
• Exhibit 50: Chart on Electrical and electronics - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Electrical and electronics - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Electrical and electronics - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Electrical and electronics - Year-over-year growth 2021-2026 (%)

• 6.6 Others - Market size and forecast 2021-2026
• Exhibit 54: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 6.7 Market opportunity by End-user 
• Exhibit 58: Market opportunity by End-user ($ million)

7 Customer Landscape

• 7.1 Customer landscape overview 
• Exhibit 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

• 8.1 Geographic segmentation 
• Exhibit 60: Chart on Market share by geography 2021-2026 (%)
• Exhibit 61: Data Table on Market share by geography 2021-2026 (%)

• 8.2 Geographic comparison 
• Exhibit 62: Chart on Geographic comparison
• Exhibit 63: Data Table on Geographic comparison

• 8.3 Europe - Market size and forecast 2021-2026
• Exhibit 64: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 65: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 66: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 67: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 8.4 North America - Market size and forecast 2021-2026
• Exhibit 68: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 69: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 70: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 71: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 8.5 APAC - Market size and forecast 2021-2026
• Exhibit 72: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 73: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 74: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 75: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 8.6 South America - Market size and forecast 2021-2026
• Exhibit 76: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 77: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 78: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 79: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 8.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 80: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 81: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 82: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 83: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 8.8 US - Market size and forecast 2021-2026
• Exhibit 84: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 85: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 86: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 87: Data Table on US - Year-over-year growth 2021-2026 (%)

• 8.9 China - Market size and forecast 2021-2026
• Exhibit 88: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 89: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 90: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 91: Data Table on China - Year-over-year growth 2021-2026 (%)

• 8.10 Germany - Market size and forecast 2021-2026
• Exhibit 92: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 93: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 94: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 95: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 8.11 France - Market size and forecast 2021-2026
• Exhibit 96: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 97: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 98: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 99: Data Table on France - Year-over-year growth 2021-2026 (%)

• 8.12 Japan - Market size and forecast 2021-2026
• Exhibit 100: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 101: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 102: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 103: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 8.13 Market opportunity by geography 
• Exhibit 104: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2021 and 2026

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape 
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption 
• Exhibit 107: Overview on factors of disruption

• 10.4 Industry risks 
• Exhibit 108: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered 
• Exhibit 109: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 11.3 Altair Engineering Inc. 
• Exhibit 111: Altair Engineering Inc. - Overview
• Exhibit 112: Altair Engineering Inc. - Business segments
• Exhibit 113: Altair Engineering Inc. - Key offerings
• Exhibit 114: Altair Engineering Inc. - Segment focus

• 11.4 ANSYS Inc. 
• Exhibit 115: ANSYS Inc. - Overview
• Exhibit 116: ANSYS Inc. - Business segments
• Exhibit 117: ANSYS Inc. - Key news
• Exhibit 118: ANSYS Inc. - Key offerings
• Exhibit 119: ANSYS Inc. - Segment focus

• 11.5 Dassault Systemes SE 
• Exhibit 120: Dassault Systemes SE - Overview
• Exhibit 121: Dassault Systemes SE - Business segments
• Exhibit 122: Dassault Systemes SE - Key news
• Exhibit 123: Dassault Systemes SE - Key offerings
• Exhibit 124: Dassault Systemes SE - Segment focus

• 11.6 ESI Group SA 
• Exhibit 125: ESI Group SA - Overview
• Exhibit 126: ESI Group SA - Business segments
• Exhibit 127: ESI Group SA - Key news
• Exhibit 128: ESI Group SA - Key offerings
• Exhibit 129: ESI Group SA - Segment focus

• 11.7 Hexagon AB 
• Exhibit 130: Hexagon AB - Overview
• Exhibit 131: Hexagon AB - Business segments
• Exhibit 132: Hexagon AB - Key offerings
• Exhibit 133: Hexagon AB - Segment focus

• 11.8 NUMECA International 
• Exhibit 134: NUMECA International - Overview
• Exhibit 135: NUMECA International - Business segments
• Exhibit 136: NUMECA International - Key offerings
• Exhibit 137: NUMECA International - Segment focus

• 11.9 PTC Inc. 
• Exhibit 138: PTC Inc. - Overview
• Exhibit 139: PTC Inc. - Business segments
• Exhibit 140: PTC Inc. - Key offerings
• Exhibit 141: PTC Inc. - Segment focus

• 11.10 Siemens AG 
• Exhibit 142: Siemens AG - Overview
• Exhibit 143: Siemens AG - Business segments
• Exhibit 144: Siemens AG - Key news
• Exhibit 145: Siemens AG - Key offerings
• Exhibit 146: Siemens AG - Segment focus

• 11.11 Simerics Inc. 
• Exhibit 147: Simerics Inc. - Overview
• Exhibit 148: Simerics Inc. - Product / Service
• Exhibit 149: Simerics Inc. - Key offerings

• 11.12 Symscape 
• Exhibit 150: Symscape - Overview
• Exhibit 151: Symscape - Product / Service
• Exhibit 152: Symscape - Key offerings

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist 
• Exhibit 153: Inclusions checklist
• Exhibit 154: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 155: Currency conversion rates for US$

• 12.4 Research methodology 
• Exhibit 156: Research methodology
• Exhibit 157: Validation techniques employed for market sizing
• Exhibit 158: Information sources

• 12.5 List of abbreviations 
• Exhibit 159: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/

SOURCE Technavio

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED